1. Is Mangalam Cement Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mangalam Cement Ltd is a below average quality company.
2. Is Mangalam Cement Ltd undervalued or overvalued?
The key valuation ratios of Mangalam Cement Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Mangalam Cement Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mangalam Cement Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||14.2%||4.5%||5.2%||1.2%||7.1%||4.5%||2.4%||10.8%||11.5%||9.2%||-|
|Value Creation Index ⓘ||0.0||-0.7||-0.6||-0.9||-0.5||-0.7||-0.8||-0.2||-0.2||-0.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-1.2%||32.2%||-8.7%||7.5%||19.3%||11.1%||2.4%||6.2%||20%||-|
|Adj EPS ⓘ||29||11.1||7.3||-8||11.5||2.7||-4.9||27.7||34.7||28.2||11.8|
|YoY Gr. Rt. %||-||-61.8%||-33.9%||-209.1%||NA||-76.1%||-278.1%||NA||25.2%||-18.8%||-|
|BVPS (₹) ⓘ||182.6||188.1||192.1||177.3||189.6||192.9||188.6||215.8||249.9||269.9||269|
|Adj Net Profit ⓘ||77.5||29.6||19.6||-21.4||30.6||7.3||-13||73.9||92.6||77.4||33|
|Cash Flow from Ops. ⓘ||106||63||48.3||74.5||163||85.9||84.4||216||234||189||-|
|Debt/CF from Ops. ⓘ||2||5.8||7.9||5.7||2.4||4.3||6.1||2.7||2.7||3.3||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-0.3%||19.7%||NA||-18.8%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.8||5.9||3.8||-4.3||6.3||1.4||-2.6||13.7||14.9||11||4.4|
|Op. Profit Mgn % ⓘ||18.5||8||9.8||5.3||13||7.6||4.8||16.2||18.8||14||10.5|
|Net Profit Mgn % ⓘ||11||4.3||2.1||-2.5||3.4||0.7||-1.1||6||7.1||4.9||1.9|
|Debt to Equity ⓘ||0.4||0.7||0.7||0.9||0.8||0.7||1||1||0.9||0.8||0.4|
|Working Cap Days ⓘ||143||154||127||137||111||102||122||146||145||122||164|
|Cash Conv. Cycle ⓘ||12||18||3||-7||-7||-4||-6||-13||-2||6||0|
Debt to equity has declined versus last 3 years average to 0.84
Sales growth is good in last 4 quarters at 17.71%
Return on Equity has declined versus last 3 years average to 4.40%
Sales growth has been subdued in last 3 years 9.29%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||11.8||-|
|TTM Sales (₹ Cr.)||1,745||-|
|BVPS (₹.) ⓘ||269||-|
|Reserves (₹ Cr.) ⓘ||712||-|
|From the Market|
|52 Week Low / High (₹)||239.30 / 415.00|
|All Time Low / High (₹)||3.10 / 543.00|
|Market Cap (₹ Cr.)||930|
|Equity (₹ Cr.)||27.5|
|Face Value (₹)||10|
|Industry PE ⓘ||43|
Mangalam Cement Limited was promoted in the year 1978 by the famed house of Shri B KBirla, the most eminent and illustrious industrialist of the country.
It is a professionally managed and well established cement manufacturing company enjoying the confidence of consumers because of its superior quality product and excellent customer service.
The company has recently commissioned its state-of-the-art new cement plant with German technology for producing 7 lakh tonnes per annum at its existing site at Morak, Distt. Kota in Rajasthan under the name of Neer Shree Cement.
In 1996, a major power failure led to the stoppage of production in the Mangalam Cement kiln for the entire month of December and the company decided to set up a pre-calcinator that year. The company was reduced to the status of a sick company in 2000 and its net worth declined, but in 2004 Mangalam Cement was facilitated by the one-time settlement struck between Mangalam Cement and its financiers and it was relieved of a sum of Rs.119 crore.
In 1992, the B.K. Birla Group considered plans to set up a new manufacturing unit after Mangalam Cement and decided to name it as Neer Shree Cement, and this plant was supposed to incorporate all the latest technologies available in Germany. The project required a capital investment of Rs153 crore and the plant ultimately began its production in the year 1994 and was recognized with ISO-9002 Certification in 1996-97.
As an integral part of environment protection drive, it employs latest pollution control techniques to minimize pollution and make the environment eco-friendly. It has a well-designed environmental policy to achieve the objective of environmental commitment by management.
In 2010 Mangalam Cement okayed merger of sister firm - Mangalam Timber Products with itself.
Product range of the company includes: